GalaxyWhisper
Thu Jul 11 2024
|
5 answers
1208
Could the $1 trillion infrastructure bill change how cryptocurrency is taxed?
Could the recently passed $1 trillion infrastructure bill potentially reshape the landscape of how cryptocurrency is taxed in the United States? Given the ever-evolving nature of digital assets and the lack of clear regulatory guidance, could this legislation introduce new tax provisions or modify existing ones to address the unique challenges presented by crypto transactions? Would it establish clearer guidelines for capital gains taxes on cryptocurrencies, or would it focus more on the treatment of crypto as a currency for daily transactions? And how might this impact the long-term viability and adoption of digital currencies in the US market? These are the questions investors, traders, and enthusiasts alike are eagerly awaiting answers to.
